ghulam haider

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Egypt is getting a new capital -- courtesy of China - CNN Style

Written by Kieron Monks, CNN<p>Egypt's new capital city moved a step closer to reality with the announcement that Chinese developers will largely fund the megaproject.<p>The China Fortune Land Development Company (CFLD) agreed to provide $20 billion for the currently unnamed city, after a meeting between …

Pakistan humiliated by south Asian countries' boycott of summit

India, Bangladesh, Afghanistan and Bhutan cite regional interference as they pull out of what was set to be a historic meeting<p>Four south Asian countries are to boycott what was set to be a historic regional summit in Islamadad in November, dealing a humiliating blow to Pakistan and isolating it …

Pakistan

Egypt takes delivery of second French Mistral warship

NANTES, France (Reuters) - Egypt took delivery of a second French Mistral helicopter carrier on Friday, part of a $1 billion deal signed last year.<p>Egypt took over the ship at a ceremony in the Atlantic coast port of Saint-Nazaire. It was the second of two France agreed last year to sell to …

Swiss Army Knives

Economists pin hope on G20 summit to boost Egypt's economy

Egyptian economists and businessmen stressed on Sunday that the G20 summit being held in the eastern Chinese city of Hangzhou will help Egypt attract …

G-20 Summit

IMF Austerity In Egypt - Cutting Subsidies Will Make Things Cheaper

Egypt has signed up with the International Monetary Fund in order to gain access to much needed new loans. This brings with it the usual complaints about the IMF terms and conditions for such loans – the imposition of austerity. But there’re two very important points to consider here. The first …

Egypt passes tough - and controversial - counter terrorism law

<b>(CNN) —</b> Egypt's President Abdel Fattah el-Sisi has signed a tough counter terrorism law that rights groups say has ominous implications for journalists, critics and those who simply want to exercise their freedom of expression.<p>The law gives Egyptian authorities powers usually reserved for states of …